Really Panhead? You are saying management have had no control over all this and they've done an "outstanding job"?How can a company not see a major shareholder selling down in their register!?
Plus the "administrative oversight" earlier in the year when issuing yet more shares to MEF without a 3b. But wait, they forget again issuing shares to Medcan a few months later! They issue so much stock you would think they'd know the drill right??
What else will ASX/ASIC find? And will Medcan be ok with pushing back the deal yet again? I think their remuneration deal starts to get messy from here on doesn't it? Quarterly payment of $100K in stock/cash. No mention of this in the new prospectus anymore....
DYOR
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Ann: Supplementary Prospectus, page-19
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